Summary

This script synthesizes the results for different domestic and trade carbon policies in 48 developing countries with net-zero emissions targets.

These results assume a social cost of carbon equal to $190 and a carbon price equal to $163 (click here to view the results at different carbon prices).

The countries we study are listed below. Each link will take you to an in-depth, country level analysis.

Our counterfactuals are split into two parts.

Part 1

CTF1: Setting tariffs to bilateral mean (Shapiro)

CTF2: Setting tariffs to OECD mean

CTF3: Carbon policy

CTF4: Carbon policy + CBAM

Part 2

CTF5: Large country coalition

CTF6: Large country coalition + developing country respond with equivalence

CTF7: Large country coalition + developing country respond without equivalence

Part 1

Welfare

Trade flows

Emissions

Part 2

Welfare

Trade flows

Emissions